If you are planning to hire a medical billing provider to outsource your medical billing and other related administrative tasks, it is imperative to choose a reputable company that can give you a complete A/R management solution. As a doctor or a health care center, you must ensure that the company you choose for medical billing helps you make error-free claims, get them paid quickly, and follows-up to reduce collection time and boost your revenue. For evaluating a medical billing provider, you should conduct performance checks across a few parameters.
Track Their Overall Performance
When evaluating the appointed medical billing company, you must check what changed in the performance of your medical practice post-hiring such a service. It can be done quarterly or annually to see if your company has benefited in terms of revenue and stability after outsourcing such a significant job of billing.
Communication with Your Medical Billing Service Provider
To evaluate your medical service provider, you need to check the quality, the level of communication, and the promptness of their response. Does the billing provider listen to your billing-related concerns? Can they provide a team to sit in-house at your premises if required? Does your staff have any issues regarding their interactions with the company? Such questions will help you decipher the level of sincerity your partner firm has been exhibiting now that you have bought the service.
Check For The Rate Of Accuracy
Whether billing or coding, your medical billing partner needs to be skilled to ensure accuracy in CPT/ICD codes, as a high rate of errors can damage your reputation. If you have hired a billing partner with a team of well-trained and certified employees, the error rate will likely be down.
Evaluate Receivables
If you see that accounts receivable balances are collected as timely as they should be, and the turnaround time is falling, you can be assured that the billing provider is performing the way it should.
Time Taken For Claim Submissions
It is imperative to evaluate if your medical billing provider is submitting claims within time. Moreover, the company should follow up with your staff, insurance company, and patients regularly to seek any missing or additional information required to keep all claims and bills up to date.
A medical billing service is typically hired to manage the workload involved in billing processes. It enables physicians and small or big medical practices to focus better on their core job, i.e., providing quality treatment to patients. The relevance of whether you are making an appropriate choice of billing vendor or not, cannot be overlooked. A proper evaluation of software quality, methods, and performance is integral to the growth of your practice and establishing a great relationship with your patients.
Also, not every billing company using sophisticated technology is as efficient in their services. So, you should ensure your hired provider for medical billing is trustworthy and adept for efficient data migration from your current billing system.
At OmniMD we have the expertise and resources to accommodate your practice needs. We can provide services that grow as your practice does so that you can focus on what matters most: patient care.
Medical Appointment Scheduling Software for Doctors, Physicians, and Clinics
November 18, 2022
It’s no secret that running a medical practice or clinic can be challenging. Not only do you have to worry about keeping up with new advances in the field of medicine, but you also have to figure out how to juggle patients while still making sure they get the care they need. This is why so many physicians and clinics are turning to online appointment scheduling software for doctors.
In this article, we will cover what makes this type of software so beneficial and how it can help your clinic or office run more efficiently.
What Is a Medical Appointment Scheduling Software?
Medical appointment scheduling software is an important tool for doctors and clinics. The software can help you streamline your appointment scheduling process, reduce wait times, and improve the overall experience of your patients.
As a software-as-a-service or SaaS model, medical appointment scheduling software provides an easy-to-use platform for healthcare administrators to handle their daily scheduling activities.
The software allows patients to schedule appointments with their doctors via phone calls, text, email, on-site bookings, and even via social media handles. The software manages the schedule set by the physicians or doctors on duty and automatically reminds the doctors of upcoming appointments.
Physicians who use the software have the flexibility to adjust their schedule at short notice, and the software will reschedule patients as needed. The appointment booking software saves healthcare facilities a tremendous amount of time and money. The cost of implementing this software initially may seem expensive to healthcare operators, but in the long run, it is cost-effective.
Benefits of an Online Scheduling System
Using an online scheduling system means you can take advantage of the following benefits:
Reduce the probability of manual errors to a great extent
Save time, money, and energy: you’ll have more free time to see more patients and grow your practice
Increase revenue by filling in-demand times that are currently empty or hard to fill
Improved care quality and satisfaction by giving your patients exactly what they want: a convenient, easy way to schedule appointments
How Does it Work?
Medical appointment scheduler software handles the same kinds of tasks as a traditional scheduler. The functions of this software typically include:
1. Automated Scheduling
The software enables you to create an automated schedule that can be programmed according to your specific business needs. This way, all of your appointments will be allocated in a timely manner without any manual intervention required from your side. In fact, you won’t even have to worry about double bookings because the app can detect such instances before they happen!
The software coordinates all appointments, taking into account the schedules of doctors, lab technicians, and other healthcare professionals.
2. Accepting and Updating Patient Data
A medical scheduler software helps update patients’ records. It updates contact information like home address, email, and phone numbers. It also updates billing information like the mode of payment of medical bills, banking details, and debit/credit card information and verifies the medical insurance papers of patients.
3. Rescheduling of Appointments
Sometimes, emergencies can prevent a doctor from seeing their patients on the day of the appointment. In this case, the medical appointment scheduler software will reschedule the patient to see a doctor at the next available date. This feature reduces stress and waste of valuable person-hours on both ends of the spectrum.
4. Medical Billing
Medical appointment scheduler software can update patients’ electronic medical records and run an automated system that handles all aspects of billing, including insurance claims for the healthcare facility. Healthcare administrators can rely on this software to make their jobs less cumbersome.
5. Centralized Management
The software allows you to manage all aspects of patient care from a central location, including patient appointments, treatment plan creation, and billing procedures. Everything can be done seamlessly from one single platform.
Qualities of the Best Medical Appointment Software
Medical appointment scheduling software can help you manage your practice and reduce the stress of dealing with appointments. These features of the best medical appointment scheduling software will help you:
Automate your appointment scheduling process to reduce no-shows, late cancellations, and billing errors
Create an online appointment booking system so patients can book their own appointments on their own time
Customize templates for different types of practices and patients’ needs
Integrate payment processing into the scheduler so that payments are automatically processed once the patient confirms the visit with the doctor or clinic staff member
Allow patients to book appointments through a mobile-friendly interface that they can access from anywhere at any time of day
This means no more waiting until after work hours just because someone forgot about their scheduled appointment time! With mobile-friendly software, it’s fast and easy for everyone involved in the processing so no one has any excuse not to use it!
A scheduling system helps you manage the flow of patients, appointments, and resources by automating the process. It also helps you develop closer relationships with your patients, improve the efficiency of your medical facility, cut costs, and maximize your revenue.
Bottom Line
Medical appointment scheduling software is a must-have for every healthcare facility. Whether you’re a small practice or part of a large hospital network, there are several benefits to using this type of software.
You should always test-run the appointment scheduling system before purchasing it. Most providers offer free real-time demonstrations to show the effectiveness of their software.
Also, check out reviews and feedback from other medical centers, especially those offering a similar health service as yours, to know if the software is what your clinic or hospital needs before you commit to buying one today.
What is the Purpose of Medical Billing, and Why is it Important?
November 1, 2022
What is the Purpose of Medical Billing, and Why is it Important?
Medical billing is crucial in ensuring that the billing process is done categorically and efficiently. During a medical procedure, it can get become challenging to correctly account for the different procedures that a patient might require and bill them without errors.
A competent medical billing solution can manage these situations better. Medical billing is particularly important for patients and healthcare practices when filing health insurance claims as it helps mitigate filing errors.
Medical software solutions maintain the complete medical history or patients’ Electronic Health Records (EHR). Moreover, they can auto-check insurance eligibility and co-payment clauses to provide a comprehensive and accurate bill paid off in one go without delays.
Why does a Hospital Need Medical Billing Software?
The medical billing procedure is quite a complicated process with several variables, which, if not handled correctly, can lead to the payment claim being rejected or delayed..
A medical biller ensures that all medical expenses are accounted for and raises any mismatches or errors before a claim is submitted. Medical software provides easy document storage and retrieval in one click and reduces manual efforts. The medical biller ensures timely remittance and sends reminders to payors for quick collection.
Moreover, there are many add-on advantages, such as integrated EHR and billing, ePatient systems, analytical dashboards, and an insightful reporting system that these medical solutions offer that go a long way in improving the profit margins of your healthcare practice.
Reasons to Opt for OmniMD for Medical Billing Solutions
Reduce claim denials: One of the main reasons for failed health insurance claims is a discrepancy between the insurance form and the medical bills. OmniMD medical billing solutions eliminate claim discrepancies and form-filling errors, ensuring a smooth and efficient insurance filing and claim process.
Reduce workload: Medical billing solutions can benefit small-scale healthcare facilities since they can share the billing and documenting workload, reducing the need for staff and saving on salaries.
Centralized System: OmniMD billing solutions are capable of securely storing patient details in a centralized system, which makes scheduling future appointments convenient, helps in better doctor-patient interaction, and faster operations.
Patient Satisfaction: An efficient billing solution ensures faster insurance claim settlements, and the billing automation process makes the process less taxing, leading to better patient satisfaction.
Why Choose OmniMD for your Medical Billing Solutions?
OmniMD is the leading solution provider of electronic medical records, practice management, and revenue cycle solutions. One of the pioneers in medical billing solutions, OmniMD offers dependable, user-friendly, and effective medical billing services to over 600 healthcare facilities.
OmniMD believes in a committed, round-the-clock support service that can ensure that healthcare facilities work as efficiently as possible, resulting in patient loyalty and satisfaction.
Health care facilities benefit significantly from an effective medical billing system since it frees the medical staff to focus on what they do best- treating patients. So, if you wish to see your practice grow, you can contact OmniMD for efficient, affordable solutions for your service.
